Chinese Leaders Visit Exhibition on State Treasury Bonds

Home>>Business

Last updated at: (Beijing Time) Monday, December 09, 2002

Chinese Leaders Visit Exhibition on State Treasury Bonds

DISCUSSION

CHINESE

SEND TO FRIEND

Leading officials of the Communist Party of China (CPC) and China's State Council visited a photo exhibition on the achievements made thanks to the country's state treasury bonds issuance Sunday in Beijing.

They included Vice Premiers Li Lanqing and Wen Jiabao, also a member of the Standing Committee of the Political Bureau of the CPC Central Committee, and Huang Ju, Wu Guanzheng and Li Changchun,all members of the Standing Committee of the Political Bureau of the CPC Central Committee.

The exhibition, titled "score a new success in the modernization drive -- a photo exhibition on the achievements madethanks to state treasury bonds issuance from 1998 to 2002", was held in the Museum of the Chinese Revolution in Beijing.

The leaders showed great interest in the photos on display as well as the explanation from the guides.

"The issuance of state treasury bonds has played a vital role in maintaining the rapid growth of China's national economy in recent years," said Vice Premier Li Lanqing.

After seeing the exhibition, Wen Jiabao stressed that it is important to make a good use of funds collected through the issuance of state treasury bonds and increase investment efficiency.

Politburo Standing Committee members Huang, Wu and Li unanimously praised the Party's third-generation collective leadership and the State Council for their strategic decision to issue state treasury bonds to collect funds for infrastructure construction.

Statistics show that since 1998, the Chinese government has issued a total of 660 billion RMB yuan (79.5 billion US dollars) of long-term state treasury bonds and used the funds in thousands of construction projects aimed at increasing domestic consumption and promoting industrial restructuring.

The photo exhibition has featured over 1,000 pictures on China's accomplishments based on the issuance of state treasury bonds. It has attracted more than 30,000 visitors since it opened to the public on the first day of this month.

Questions?Comments? Click here

Treasury Bonds Promotes Economic Growth: Premier

China Issues US$2.7 Billion Worth of Treasury Bond

Another Leap Forward for China's Development ( 4 Messages)

Countdown Begins for Damming Yangtze River ( 2 Messages)

Shanghai Wins World Expo 2010 Bid ( 8 Messages)

Beijing Has 1st On-campus Confucius Research Institute ( 15 Messages)

China, Russia Issue Joint Statement ( 2 Messages)